Dell Technologies (NYSE:DELL) stock currently presents a conundrum. On one hand, the valuation appears attractive, and the company is making strides to streamline and capitalize on emerging trends. On the other hand, there are serious headwinds in both its core PC business and a generally uncertain economic environment. Investors who buy into Dell are essentially betting on a turnaround story – the belief that the company can overcome its near-term challenges and unlock the potential value the stock market seems to be discounting. This makes DELL a higher-risk proposition than some of its blue-chip tech peers.